functional budget
Definition
The cost and income plan created for a particular process or department operating within a business. For example, a functional budget for the manufacture of a product line might include estimated costs of production, marketing, sales, labor, equipment and materials, as well as projected sales income.
Related Articles
- "Buy Put" Stock Option Investment Strategy *
- What Are The Most Commonly Traded Commodities? *
- SEP and SIMPLE Plans *
- Fundamentals of Forex Trading *
- Common Stock Strategies - Part 3 *
- End of the Year Tax Planning Tips *
- Introduction to Inflation and its Impact *
- ETF Wraps *
Related Videos
http://www.businessdictionary.com/definition/functional-budget.html
